Tuesday kicked off the beginning of the annual SIFMA Technology Management Conference at the Hilton Club in New York City. For those who don’t know, this conference hosted by the Securities Industry and Financial Markets Association, last three days, and provides updates on emerging trends for technology and technology management.

I spent a lot of time in the exhibition rooms looking at what all the vendors had to offer, as well as talking to people about emerging technologies in financial services. Virtualization is the next big thing for Wall Street data centers. The bulk of the people at the conference were showing all types of virtualization applications tailored for financial services, promising to make your firm everything from highly organized, to environmentally green and faster than the speed of light to boot.

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SIFMA’s 28th Annual Technology Management Conference & Exhibit is the industry’s leading event with over 300 vendors and 7,000 attendees.

The conference will address:

Communications, market data, information security, trading room support, web and Internet technology, and information systems.

The conference will focus on the rapidly-changing use of technology to drive productivity, comply with regulatory requirements, and adapt to converging markets, products and investors.

The Exhibit will explore:

Products and services in data processing, market data, information security, trading room support, web and Internet technology, information systems and other related technology activities.

For more information regarding the program, please contact Art Trager at atrager@sifma.orgor 212-313-1246

For registration costs link to: https://events.sifma.org/2008/107/event.aspx?id=534

Join other FWA members to learn about the global growth and global reach of microfinance and microinsurance.

By: Heather Morse

A new study led by a sociologist at the University of Iowa has found that despite the legal profession’s success at hiring more women lawyers, these women remain less likely to be promoted to partner.

According to study leader associate professor of sociology Mary Noonan, women who practiced in a firm for five or more years were 13 percent less likely than men to make partner; even if their qualifications were equal, regardless of whether they had children.
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By Heather Cassell

PricewaterhouseCoopers’ Gender Advisory Council is helping the company pave the way to success and recognition. DiversityInc recently named PwC as one of the top five in its inaugural “Top Companies for Global Diversity” for its commitment to creative diversity and global culture.

Samuel A. DiPiazza Jr., PricewaterhouseCoopers’ Global CEO, credited the company’s Gender Advisory Council as part of the suite of initiatives which saw the company listed alongside Verizon Communications, The Coca-Cola Co., Bank of America and Procter & Gamble in a June 3 news release.

“We are extremely proud to have made it into DiversityInc’s first-ever global top five list,” says DiPiazza in the release. “Diversity is not just the right thing to do; it is a business issue. We believe that when you work in teams that reflect different backgrounds and perspectives you’re going to get a better answer and innovative solutions.”

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Contributed by Caroline Ceniza-Levine of SixFigureStart

406635986_fa8da57692_m.jpgBetween interviews, networking, researching companies, canvassing job boards, and following up with recruiters, a job search takes as much time as my job. I feel like I need to quit before I start looking. Yet, traditional advice says the best time to look is when you’re employed. How am I supposed to fit a job search into my schedule?

Recruiters and employers prefer the currently employed, even if you have a perfectly good reason to be unemployed. You are in-the-know. You have access to competitor information. You have an existing network that can be tapped for candidate referrals for the recruiter and/or new business for the employer. Therefore, quitting is an absolute last resort. Besides, if you have to quit to take on a job search, then what would you do if a special work project arose or a promotion came up that required increased responsibility?

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FWA directors will talk about the current economic situation and its ramifications as well as how they came to their positions, through networking, recruitment and specializations.

Contributed by Maureen Frank, Managing Director, Emberin

Become a ‘marketer’ to women

In order to successfully retain and attract female employees, employers have to be successful ‘marketers’ to women. We are trying to ‘sell’ to our female employees the concept that they really want to work for our organization. So how can we do that?

Why not try applying some of the principles associated with marketing to women generally? The concept is the same – how do we get women to buy our concept? Women are the largest customer segment group for retail products and there is a body of research on the rules and techniques that apply when marketing to women. Since women make 80% of all purchasing decisions, marketing to them has become a science.

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837481204_c32a33e794_m.jpgOn Saturday, June 7, 2008, Senator Hillary Clinton finally suspended her historic presidential campaign and conceded that Senator Barack Obama would be the Democratic party’s nominee.

Gone was the poll-tested “strength and experience” rhetoric, as Senator Clinton spoke emotionally and personally about what it meant for her to run as the first woman for president, and how this would affect American politics in the future. Clinton acknowledged that there was a glass ceiling for women’s advancement in politics, and alluded to the role that gender bias had played, both in her campaign and in the media’s coverage of it.

“Although we weren’t able to shatter that highest, hardest glass ceiling this time, thanks to you, it has about 18 million cracks in it and the light is shining through like never before,” Senator Clinton said to thundering applause from her supporters, packed into the ornate National Building Museum, where she once danced with President Bill Clinton at his inaugural balls in 1993 and 1997.
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By: Jessica Titlebaum

“Opportunities are changing,” said Robin Gugick Mayer, a Corporate Bonds Analyst at UBS. “Companies are recognizing a talent pool that wasn’t recognized even just a few years ago and want to tap into it.”

Mrs. Mayer is referring to the pool of talented women who are returning to the workforce after a career break. As an on-ramper herself, she participated in the Career Comeback Program sponsored by UBS and the University of Pennsylvania’s Wharton School to help her prepare for her return.

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